When Britain's Barclay Bank PLC (NYSE: BCS) boosted its bid for Dutch Bank ABN AMRO Holding NV (NYSE: ABN) to more than $93 billion in the world's largest-ever takeover battle, it did so thanks to a financial boost from state-run investment funds in China and Singapore.
State Investment Funds: Beware of the Big New Buyers
By Martin Hutchinson, Global Investing Specialist, Money Morning •
[…] Eastern business concerns, emerging Chinese industrialists and even some government-owned "sovereign investment funds" will ride through our markets like the proverbial Four Horsemen of the Financial Apocalypse, […]
[…] an effort to combat its supply deficiency, India is joining some of the other nations of the world that boast big foreign exchange reserves and… to buy stakes in overseas coal producers and secure future supplies. The project will marry a […]